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News updates from March 27: Yen hits 34-year low; Nobel winner Daniel Kahneman dies
Disney settles lawsuit in Florida theme-park dispute
...Jeff Vahle, president of Walt Disney World Resort, said the company was “pleased to put an end to all litigation pending in state court in Florida”. Read more here...
March 27, 2024
News in-depthWalt Disney Co
Walt Disney’s Bob Iger wins support ahead of AGM showdown with Nelson Peltz
...Walt Disney’s Bob Iger is locking up powerful supporters ahead of Wednesday’s annual meeting clash with activist investors challenging his strategy for the entertainment giant....
April 3, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Walt Disney Co
Who can run Disney? The four insiders competing for Bob Iger’s job
...He was central to the decision-making behind Disney’s recent $1.5bn investment in Epic Games, which will see the two companies create a new version of Fortnite built around the company’s characters....
April 13, 2024
Walt Disney Co
Disney settles lawsuit in Florida theme-park dispute
...Jeff Vahle, president of Walt Disney World Resort, said the company was “pleased to put an end to all litigation pending in state court in Florida”....
March 27, 2024
News updates from January 3: US job openings fall to 32-month low, Blasts kill about 100 in Iran
Walt Disney signs ‘information-sharing’ deal withValueAct
...The Walt Disney Company has signed a deal with investor ValueAct Capital, ahead of a battle over the entertainment company’s future expected later this year....
January 3, 2024
Walt Disney Co
Bob Iger defeats Nelson Peltz by wide margin in Disney board clash
...The likes of JPMorgan chief Jamie Dimon, Star Wars creator George Lucas, Laurene Powell Jobs and the grandchildren of Walt Disney all threw their support behind Iger....
April 3, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Due Diligence
Barbarians at the toll road Premium content
...the company in as many years....
March 26, 2024
Walt Disney Co
Nelson Peltz backed for seat on Disney board by proxy adviser ISS
...Iger has also drawn endorsements from heirs of company founders Roy and Walt Disney in recent weeks....
March 21, 2024
Walt Disney Co
Walt Disney unveils $3bn buyback and lifts dividend ahead of activist battles
...The two companies will collaborate on building a “Disney universe” over the next couple of years, a move Iger said marks the Hollywood group’s largest shift into gaming....
February 8, 2024
News updates from March 12: US House votes through bill to ban TikTok; Geert Wilders announces he will not be Netherlands PM
Jamie Dimon backs Disney’s Bob Iger in proxy fight with Nelson Peltz
...JPMorgan Chase chief executive Jamie Dimon has endorsed Walt Disney’s Bob Iger as a proxy battle with billionaire activist Nelson Peltz nears a showdown at the entertainment giant’s annual meeting next month...
March 13, 2024
LexStreaming services
Disney, Fox and Warner sports streaming platform foreshadows consolidation Premium content
...Like them, the new sports streaming companies hope that there is safety in numbers....
February 7, 2024
Walt Disney Co
Top proxy adviser Glass Lewis backs Disney’s Iger in Peltz fight
...Walt Disney chief executive Bob Iger has won the backing of influential proxy adviser Glass Lewis in his battle against billionaire activist Nelson Peltz, with the group unconvinced that the latter’s plans...
March 18, 2024
News updates from February 27: McKinsey touted its advice to Chinese government, EU parliament bars Amazon lobbyists
Disney shakes up film studio as Bob Iger seeks to regain ‘focus’
...Sean Bailey is stepping down after 15 years as president of Walt Disney Studios Motion Picture Production, a tenure that produced successful remakes of The Lion King, Beauty and the Beast and Aladdin, the...
February 27, 2024
News updates from February 28: US Supreme Court will hear Trump presidential immunity appeal; Bitcoin breaks through $60,000
Disney strikes $8.5bn deal to merge India business with Reliance Industries
...Disney may also contribute additional media assets into the venture, the companies said, subject to regulatory and third-party approvals....
February 28, 2024
News updates from February 7: Netanyahu rejects Hamas ceasefire demand, Disney unveils $3bn buyback
Disney launches $3bn buyback and lifts dividend ahead of activist battles
...Walt Disney handily beat Wall Street’s expectations in its latest quarterly earnings and announced shareholder-friendly measures including a $3bn share buyback programme and a 50 per cent boost to its dividend...
February 7, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Walt Disney Co
Jamie Dimon backs Disney’s Bob Iger in proxy fight with Nelson Peltz
...As Iger battles Peltz, he has also secured endorsements from the grandchildren of Disney founders Walt and Roy Disney, who sent a letter to shareholders backing the chief executive....
March 13, 2024
News updates from January 31: Federal Reserve holds interest rates, EU commits €21bn in Ukraine military aid
Florida judge dismisses Disney’s free speech case against Ron DeSantis
...A federal judge has dealt a blow to Walt Disney by dismissing the company’s claims that Ron DeSantis, Florida’s Republican governor, had violated its free speech rights by “retaliating” for its stance on...
January 31, 2024
Walt Disney Co
Disney strikes $8.5bn deal to merge India business with Reliance Industries
...Iger acknowledged Reliance’s “deep understanding of the Indian market and consumer” and said Disney and the conglomerate would “create one of the country’s leading media companies”....
February 28, 2024
LexWalt Disney Co
Disney needs new ideas from its cast of in-activist investors Premium content
...Disney chief executive Bob Iger likes to say that the company he runs is fuelled by storytelling. If that is the case then someone needs to punch up the script....
January 5, 2024
Walt Disney Co
Walt Disney wins backing of ValueAct in fight over its future
...Walt Disney has won the support of investor ValueAct Capital, as the entertainment company gears up for a fight with activist Nelson Peltz over how to boost profits and lift its share price....
January 3, 2024
John Gapper
Mickey Mouse should help other characters to escape copyright
...Walt Disney expressed the story in his own way, employing many talented artists to do so....
January 5, 2024
News updates from January 17: US retail sales beat expectations in December, Lagarde says ECB likely to cut rates this summer
Disney criticises activist investor Peltz for lacking ‘single strategic idea’
...Walt Disney has hit out at activist investor Nelson Peltz, saying that he had not “presented a single strategic idea” to the entertainment company during two years of campaigning for a seat on its board....
January 17, 2024
Walt Disney Co
Florida judge dismisses Disney’s free-speech case against Ron DeSantis
...A federal judge has dealt a blow to Walt Disney by dismissing the company’s claims that Ron DeSantis, Florida’s Republican governor, had violated its free speech rights by “retaliating” for its stance on...
January 31, 2024
Streaming services
Disney, Warner and Fox join forces for sports streaming venture
...Bob Iger, Disney chief executive, said the launch would be “a significant moment for Disney and ESPN, a major win for sports fans, and an important step forward for the media business”....
February 7, 2024
News updates from December 14: BoE and ECB hold rates steady, ECB’s Lagarde pushes back against rate cuts expectations
Nelson Peltz pushes for two new directors in Walt Disney proxy battle
...Activist hedge fund Trian Partners plans to nominate two candidates to Walt Disney’s board of directors, intensifying a campaign against the media group that is expected to be one of the most contested proxy...
December 14, 2023

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